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Eat The Rich: Sanders And Khanna Introduce Federal Billionaires Tax
Eat The Rich: Sanders And Khanna Introduce Federal Billionaires Tax
Authored by Jonathan Turley,
“Enough is enough.” With those words, Senator Bernie Sanders (I., Vt) launched a push to impose a 5% annual wealth tax on America’s billionaires. With Rep. Ro Khanna (D., Cal.), the legislation, “Make Billionaires Pay Their Fair Share Act,” echoes the growing “eat-the-rich” mantra on the left — seeking to replicate a disastrous push in California that has led to an exodus from that state and an estimated loss of $2 trillion in taxable assets.
It is also flagrantly...
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Jun 26, 2026 / Tyler Durden
Debt Tsunami: The Alan Greenspan Legacy
Debt Tsunami: The Alan Greenspan Legacy
Authored by Jeffrey Tucker via The Epoch Times,
Alan Greenspan, Fed chair from 1987 to 2006, embodies a striking ideological shift from gold-standard advocate to architect of the modern easy-money, debt-fueled financial system. He has now died at the age of 100, and this marks a good time to assess his legacy and explain why it matters.
In the 1960s, as a young economist influenced by Ayn Rand and Objectivism, Greenspan strongly supported the gold standard. In his 1966 essay “Gold and Economic Freedom,” he argued...
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Mar 24, 2026 / Tyler Durden
"Emergencies" Requiring Coal Plants To Stay Open Need Not Be Imminent, DOE Tells Court
"Emergencies" Requiring Coal Plants To Stay Open Need Not Be Imminent, DOE Tells Court
By Ethan Howland of UtilityDive
The U.S. Department of Energy’s secretary has broad authority under the Federal Power Act to declare emergencies to keep power plants from retiring, and those emergencies don’t have to be imminent, DOE told a federal appeals court last week in response to challenges over its orders keeping a Michigan coal plant online.
“The statute’s text grants the Secretary discretion to determine that an emergency exists,” DOE said in a March 17 brief...
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Apr 8, 2026 / Dave DeCamp
Report: Trump Considers Pulling Troops Out of NATO Countries Deemed ‘Unhelpful’ to Iran War Effort
The Trump administration is considering a plan to “punish” NATO countries that the president has deemed “unhelpful” to the US-Israeli war effort against Iran, The Wall Street Journal reported on Wednesday. The potential plan would involve withdrawing US troops from those NATO countries and placing them in the territory of other allies that the administration […]
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